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Property profile & analytics
OFF-MARKET
Flex space
175 Race St Downingtown, PA 19335-2512
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-0397160
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1952
Total area
6,384 SF
Lot
0.56 ac (24,531 SF)
Zoning code
R1
APN
1103 00110000
UPID
US73-0397160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Perelli Enterprises LLC · 7 yrs held
Perelli Enterprises LLC
since 2018
5 recorded transactions
Zoning & alternative use
R1 · Downingtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Downingtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downingtown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,443
Tax year 2024
Assessed value
$130,340
Assessed 2024
Previous assessed
$130,340
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$43,750
Assessed improvement
$86,590
Land market value
$43,750
Improvement market value
$86,590
Total market value
$130,340
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1952
Heating
HOT WATER
Cooling
NONE
Total area
6,384 SF
Lot
0.56 ac (24,531 SF)
Zoning code
R1
APN
1103 00110000
UPID
US73-0397160
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Downingtown, PA
Zoning R1 · permitted uses
R1 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downingtown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
HOT WATER
Cooling
Yes
Lot
0.56 ac
Current owner
From public records · entity-resolved
Perelli Enterprises LLC
Entity
Mailing address
1340 PENNSRIDGE PL, DOWNINGTOWN, PA 19335-3683
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
—
Perelli Enterprises LLC
—
Deed
related
$521,250 · Wilmington Savings Fund Society Fsb
Aug 22, 2018
$280,000
Perelli Enterprises LLC
Alfred L Perelli JR
Deed
$280,000 · Wilmington Savings Fund Society Fsb
May 23, 2011
$190,000
Alfred L Perelli JR.
Race Street Ents LLC
Grant Deed
—
Aug 27, 2001
$75,000
Race Street Enterprises LLC
Downingtown Steel Products INC
Grant Deed
$85,000 · First National Bank Chester
—
—
Race Street Enterprises INC
—
Deed Of Trust
related
$85,000 · First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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